Monthly Archives: April 2018

April 30, 2018

• 2:00PM Water Cooler 4/30/2018
  by Lambert Strether 2:00 pm

• Natural Gas Is Leading West Virginia Down the Same Dark Path As Coal
  by Lambert Strether 9:55 am

• Links 4/30/18
  by Lambert Strether 6:55 am

• How Sacramento Bee Reporter Adam Ashton’s Hit Piece on CalPERS Board Member Shows He’s in the Business of Flacking, Not Reporting
  by Yves Smith 12:28 am

• Why Board Member and Vocal Critic of CalPERS Margaret Brown Needs to Stay The Course
  by Yves Smith 12:27 am

• Want a More Equal Society? Universal Basic Income Might Not Be the Policy You Are Looking For
  by Yves Smith 12:13 am

April 29, 2018

• The Failure of the CMS “Innovation” Center and the Future of Neoliberalism
  by Lambert Strether 2:00 pm

• Links 4/29/18
  by Lambert Strether 4:55 am

• Inheritance Among Childless Elites
  by Lambert Strether 4:25 am

April 28, 2018

• Links 4/28/18
  by Yves Smith 6:55 am

• Michael Hudson: Bronze Age Redux – What the Ancients Can Teach Us About Debt
  by Yves Smith 5:38 am

• The Federal Job Guarantee Is Not Just “Better” Than a Universal Basic Income. It’s the Only Reasonable Option. Universal Basic Income Is Sinister
  by Yves Smith 4:38 am

April 27, 2018

• 2:00PM Water Cooler 4/27/2018
  by Lambert Strether 2:00 pm

• Trump’s Carbon Capture Tax Break: Mechanical and Biological Paths
  by Yves Smith 9:55 am

• Links 4/27/18
  by Yves Smith 6:55 am

• Gaius Publius: What To Do About Facebook — First Thoughts
  by Yves Smith 5:03 am

• TSB Are Using Their Own Customers to Alpha Test Their New IT Platform
  by Clive 4:00 am

• Exclusive: Calls To Police Skyrocketed After Hiring of Philly Starbucks Manager Who Was on Duty During #Starbuckswhileblack Arrests
  by Yves Smith 2:43 am

April 26, 2018

• 2:00PM Water Cooler 4/26/2018
  by Lambert Strether 2:00 pm

• Why We Have to Go Back to a 40-Hour Work Week to Keep Our Sanity
  by Yves Smith 9:55 am

• Links 4/26/18
  by Lambert Strether 6:55 am

• Is New EU “Travel Authorisation” Another Brexit-Induced Ireland Headache?
  by Yves Smith 6:45 am

• TSB’s IT Fiasco and Some Implications for Banks’ Legacy Systems
  by Yves Smith 4:55 am

• Wolf Richter: What Will Rising Mortgage Rates Do to Housing Bubble 2?
  by Yves Smith 4:50 am

April 25, 2018

• 2:00PM Water Cooler 4/25/2018
  by Lambert Strether 2:00 pm

• Analysing Wealth Inequality: A Conceptual Reflection
  by Yves Smith 9:55 am

• Links 4/25/18
  by Yves Smith 6:55 am

• Was Finland’s Universal Basic Income Program A Failure?
  by Yves Smith 5:48 am

• The U.S. Border as a Zone of Profit and Sacrifice
  by Yves Smith 4:17 am

• 5 Policies That Could Improve Housing for the Renting Generation
  by Yves Smith 3:51 am

April 24, 2018

• 2:00PM Water Cooler 4/24/2018
  by Lambert Strether 2:00 pm

• Marx and Modern Microeconomics
  by Yves Smith 9:55 am

• Links 4/24/18
  by Yves Smith 6:55 am

• TSB Train Wreck: Massive Bank IT Failure Going into Fifth Day; Customers Locked Out of Accounts, Getting Into Other People’s Accounts, Getting Bogus Data
  by Yves Smith 6:32 am

• Bill Mitchell: QE Failed in Japan
  by Yves Smith 4:48 am

• Gaius Publius: How the Democrats Could, and Probably Will, Blow 2020
  by Yves Smith 12:15 am

April 23, 2018

• 2:00PM Water Cooler 4/23/2018
  by Lambert Strether 2:00 pm

• Plastics Pollution Policies– “Bold” or Pathetic?
  by Jerri-Lynn Scofield 9:55 am

• Links 4/23/18
  by Jerri-Lynn Scofield 6:55 am

• Hoisted from E-Mail: Brexit, Security, and the UK’s Coming Poodledom
  by Yves Smith 4:00 am

• Students as Teachers: Facing the World Adults Are Wrecking
  by Jerri-Lynn Scofield 3:55 am

• Middle East Nightmare, Made in Washington
  by Yves Smith 2:47 am

• Another Naked Capitalism Milestone: 20,000 Posts and Counting!
  by Yves Smith 12:07 am

April 22, 2018

• Bank Watch: Wells Fargo Fined $1 Billion
  by Jerri-Lynn Scofield 9:55 am

• Links 4/22/18
  by Jerri-Lynn Scofield 6:55 am

• Global Warming’s Impact on Ocean Currents to Amplify Sea Level Rise
  by Jerri-Lynn Scofield 6:25 am

April 21, 2018

• Links 4/21/18
  by Yves Smith 6:55 am

• Can Nudging Become A New Road To Serfdom?
  by Yves Smith 6:34 am

• CalPERS to Investigate CFO Charles Asubonten, But Will It Look into Misrepresentations on His Employment Application?
  by Yves Smith 1:04 am

April 20, 2018

• 2:00PM Water Cooler 4/20/2018
  by Lambert Strether 2:00 pm

• Why the Problem Is Economics, Not Economists
  by Yves Smith 9:55 am

• Links 4/20/18
  by Yves Smith 6:55 am

• EU (Finally) Slaps Down UK on Fantasy Irish Border Solutions
  by Yves Smith 6:40 am

• US Opioid Prescriptions Fall at Record Rate
  by Yves Smith 5:56 am

• When Criminal Justice and Environmental Justice Collide
  by Yves Smith 12:22 am

April 19, 2018

• 2:00PM Water Cooler 4/19/2018
  by Lambert Strether 2:00 pm

• China Warns Australia Against Being a Democracy
  by Yves Smith 9:55 am

• Links 4/19/18
  by Yves Smith 6:55 am

• Disruptive Finance Huffing and Puffing Won’t Blow Big Bank Houses Down
  by Clive 3:20 am

• Through the Revolving Door, with a Few Stumbles – Health Care Corporate Executives and Consultants Continue to Become Leaders of Trump’s Department of Health and Human Services
  by Yves Smith 3:19 am

• Another Big Retailer Gets Liquidated
  by Yves Smith 3:06 am

April 18, 2018

• 2:00PM Water Cooler 4/18/2018
  by Lambert Strether 2:00 pm

• Facebook, Privacy, and the Use of Data
  by Yves Smith 9:55 am

• Links 4/18/18
  by Yves Smith 6:55 am

• Brexit Looks Wobbly as Polls Go Negative, House of Lords Throws Spanner in the Works
  by Yves Smith 5:04 am

• CalPERS Board Member Margaret Brown Still Illegally Locked Out, Given Only Highly Restricted Access to Transcripts
  by Yves Smith 1:17 am

• J.D. Alt: Framing the Progressive Agenda
  by Yves Smith 12:05 am

April 17, 2018

• Announcing 2018 Mini-Fundraiser for Water Cooler!
  by Lambert Strether 5:30 pm

• 2:00PM Water Cooler 4/17/2018
  by Lambert Strether 2:00 pm

• Raising Tariffs on China Without Grabbing Headlines
  by Yves Smith 9:55 am

• Links 4/17/18
  by Yves Smith 6:55 am

• Los Angeles Times Confirms Our Reporting on CalPERS CFO Charles Asubonten’s Resume Misrepresentations; CalPERS Admits to Fabrications and Gets Defensive
  by Yves Smith 1:20 am

• Gaius Publius: Fracking Has Brought the World to the Brink of Disaster
  by Yves Smith 12:10 am

April 16, 2018

• Worksheet for the 2018 Midterms (Moving onto Republican Turf)
  by Lambert Strether 9:00 pm

• 2:00PM Water Cooler 4/16/2018
  by Lambert Strether 2:00 pm

• Links 4/16/18
  by Lambert Strether 6:55 am

• CalPERS’ Priya Mathur Opens, Reads, Even Answers Mail of Board Member Margaret Brown, Denies Her Access to Transcripts of Past Meetings.
  by Yves Smith 1:23 am

• A Tale Of Two CT Scanners — One Richer, One Poorer
  by Lambert Strether 1:00 am

• Why Americans’ Hatred of Taxes Is Fake News
  by Yves Smith 12:41 am

April 15, 2018

• The Curious Case of the F-35
  by Lambert Strether 2:30 pm

• Links 4/15/18
  by Lambert Strether 6:55 am

• Oklahoma’s Revolution Didn’t End with Teacher Strikes—It’s Going Much Further
  by Lambert Strether 6:45 am

April 14, 2018

• Links 4/14/18
  by Yves Smith 6:55 am

• Barbara Ehrenreich Versus Preventive Care, American Style
  by Yves Smith 3:05 am

• World May Hit 2 Degrees of Warming in 10-15 Years Thanks to Fracking, Says Cornell Scientist
  by Yves Smith 12:02 am

April 13, 2018

• 2:00PM Water Cooler 4/13/2018
  by Lambert Strether 2:00 pm

• Meltdowns, Waste, and War: Here Are the Real Risks of Nuclear
  by Yves Smith 9:55 am

• Links 4/13/18
  by Yves Smith 6:55 am

• The True, Accurate, and Only Answer to “How *Exactly* Will We Pay for Medicare for All?”
  by Yves Smith 2:13 am

• Gaius Publius: War with Syria — What Is It Good For? We May Soon Find Out
  by Yves Smith 1:13 am

April 12, 2018

• Italian Politics One Month Later
  by Outis Philalithopoulos 10:00 pm

• 2:00PM Water Cooler 4/12/2018
  by Lambert Strether 2:00 pm

• The American Healthcare System Shows Why We Can’t Trust Free Market Spin Doctors
  by Yves Smith 9:55 am

• Links 4/12/18
  by Lambert Strether 6:55 am

• CalPERS CFO Charles Asubonten’s Form 700 Violation and His Unduly Mysterious Private Equity Firm
  by Yves Smith 1:39 am

• Why Charles Asubonten Is Not Qualified to Be Chief Financial Officer and What His Hiring Says About CalPERS
  by Yves Smith 1:38 am

• Trump Threatens to Bomb Syria Without Any Investigation into Alleged Chemical Attack
  by Yves Smith 12:20 am

• Naked Capitalism in Tucson Meetup Report – 04/06/18
  by Yves Smith 12:17 am

April 11, 2018

• 2:00PM Water Cooler 4/11/2018
  by Lambert Strether 2:00 pm

• The Hudson Report: Does Trump Know Anything About Trade?
  by Yves Smith 9:55 am

• Links 4/11/18
  by Lambert Strether 6:55 am

• Executive Summary: New CalPERS CFO Charles Asubonten’s Misrepresentations and Discrepancies in His Resume and Form 700
  by Yves Smith 1:43 am

• Misrepresentations and Inconsistencies in CalPERS CFO Charles Asubonten’s Resume
  by Yves Smith 1:42 am

• How the US Military Is Failing
  by Yves Smith 1:33 am

April 10, 2018

• 2:00PM Water Cooler 4/10/2018
  by Lambert Strether 2:00 pm

• Roman Roads: A Persistent Effect of Infrastructure on Development
  by Yves Smith 9:55 am

• Links 4/10/18
  by Lambert Strether 6:55 am

• Don Quijones: After a String of Corporate Scandals and Collapses, “Big Four” Accounting Giants Face Breakup in the UK
  by Yves Smith 3:18 am

• How Different Are Trump’s Tariffs?
  by Yves Smith 2:53 am

• Three More Reasons for Wealth-Deprived Americans to Take to the Streets
  by Yves Smith 1:16 am

April 9, 2018

• 2:00PM Water Cooler 4/9/2018
  by Lambert Strether 2:00 pm

• Fast Fashion Juggernaut Rolls Along
  by Jerri-Lynn Scofield 11:55 am

• Trump v. the Postal Service: Fake News, Flawed Analysis, and Bogus Tweets
  by Yves Smith 10:59 am

• Links 4/9/18
  by Jerri-Lynn Scofield 6:55 am

• The Corporate Plan to Groom U.S. Kids for Servitude by Wiping Out Public Schools
  by Yves Smith 6:09 am

• Don Quijones: As Banks Embrace Biometric Tracking of Customers, Cybertheft Explodes in Mexico
  by Jerri-Lynn Scofield 5:55 am

April 8, 2018

• Opioid Lawsuits: DoJ Seeks to Participate in Settlement Talks
  by Jerri-Lynn Scofield 9:55 am

• Links 4/8/18
  by Jerri-Lynn Scofield 6:55 am

• Confidential Shell Oil Report Prompts Lawsuit: They Knew About Climate Change Decades Ago
  by Jerri-Lynn Scofield 5:55 am

April 7, 2018

• Links 4/7/18
  by Yves Smith 6:55 am

• Trade War or Not, China Risks a ‘Minsky Moment’
  by Yves Smith 3:51 am

• Monopoly Capitalism: At The Breaking Point?
  by Yves Smith 3:40 am

April 6, 2018

• 2:00PM Water Cooler 4/6/2018
  by Lambert Strether 2:00 pm

• The Hidden Network That Propelled Civil Rights in America
  by Yves Smith 9:55 am

• Links 4/6/18
  by Lambert Strether 6:55 am

• Michael Hudson:  Origins of Money and Interest: Palatial Credit, Not Barter
  by Yves Smith 6:23 am

• 5 Ways Liberals and Progressives Shame the Poor Without Even Realizing It
  by Yves Smith 5:45 am

• Trump Ups the Ante in Trade Brinksmanship
  by Yves Smith 5:08 am

April 5, 2018

• 2:00PM Water Cooler 4/5/2018
  by Lambert Strether 2:00 pm

• The Forgotten Economic Vision of Martin Luther King
  by Yves Smith 9:55 am

• Links 4/5/18
  by Lambert Strether 6:55 am

• Economists’ Dubious Relationship with Trade Policy: Comparative Advantage is a System that Works for the Wealthy
  by Yves Smith 5:27 am

• Remote-Controlled Self-Driving Cars: Unworkable Technology for Unproven Technology
  by Yves Smith 2:45 am

• 50 Years of Gender and Intellectual Ability Stereotypes in Films
  by Yves Smith 2:44 am

• Reminder: Tuscon Meetup This Friday, April 6
  by Yves Smith 12:01 am

April 4, 2018

• 2:00PM Water Cooler 4/4/2018
  by Lambert Strether 2:00 pm

• Milton Friedman’s ” The Role of Monetary Policy” – 50 Years Later
  by Yves Smith 9:55 am

• Links 4/4/18
  by Yves Smith 6:55 am

• Elon Musk’s Two Great Virtues
  by Outis Philalithopoulos 5:55 am

• Bay Hills Sues Kentucky Retirement Systems for Invoking Its Contractual Right to Dissolve Fund
  by Yves Smith 4:11 am

• Conclusive Evidence of the Russian State’s Guilt in the Skripal Case Is Lacking — and That’s Important
  by Yves Smith 3:15 am

April 3, 2018

• The Hudson Report: The Economic Impact of Bipartisan Bank Deregulation
  by Yves Smith 3:30 pm

• 2:00PM Water Cooler 4/3/2018
  by Lambert Strether 2:00 pm

• Links 4/3/18
  by Yves Smith 6:55 am

• Hubert Horan: Can Uber Ever Deliver? Part Fourteen: The New Yorker Lays Out the Template for Pro-Uber Propaganda
  by Yves Smith 5:15 am

• Gaius Publius: Stephen Hawking on What Killed the World of the Jetsons. Prelude to Thoughts on a Guaranteed Jobs Program
  by Yves Smith 12:28 am

April 2, 2018

• Worksheet for the 2018 Midterms (More Democrat Biographies and #MedicareForAll Support)
  by Lambert Strether 7:25 pm

• 2:00PM Water Cooler 4/2/2018
  by Lambert Strether 2:00 pm

• Links 4/2/18
  by Lambert Strether 6:55 am

• Stabilising the Real Economy Increases Average Output
  by Lambert Strether 6:25 am

• Wolf Richter: Collapse of Cryptocurrencies in Q1 – Even the Biggest Crashed 67% to 88%
  by Yves Smith 3:32 am

• Leaky Fed: New Study Uses Taxi Ride Data to Show Increase in Visits When Blackout Lifted and Around FOMC Meetings
  by Yves Smith 3:04 am

• The US Arms Machine: Why Wars R Us
  by Yves Smith 1:16 am

April 1, 2018

• Tesla Encounters the Material World
  by Lambert Strether 1:25 pm

• Links 4/1/18
  by Lambert Strether 6:55 am

• Is It Time to Delete Facebook?
  by Lambert Strether 6:25 am